Technip Energies has secured a front-end engineering design (FEED) contract for the Viking CCS project in the UK.
The project is being led by Harbour Energy in partnership with BP.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataLocated in the Humber region, the Viking CCS project is expected to become a cornerstone in the development of a world-leading CCS sector in the country.
According to bp, the Humber region is the most industrialised area of the UK and is the largest source of CO₂ emissions.
Once operational, the Viking CCS initiative is projected to be one of the largest CCS endeavours globally, with a goal to capture and store up to ten million tonnes of CO₂ annually by 2030.
bp noted that the project has an independently verified storage capacity of 300 million tonnes of CO₂ across the depleted Viking gas fields.
The initiative is expected to unlock up to £7bn ($8.85bn) of investment in the CO₂ capture, transport and storage value chain from 2025 to 2035, and provide an estimated £4bn of gross value add to the Humber and its surrounding areas.
Under the terms of the contract, Technip Energies, with support from its subsidiary Genesis, will deliver FEED services for the CO₂ transportation system.
This includes the design of the CO₂ handling station, onshore and offshore pipelines, and a not-permanently-attended installation platform.
Technip Energies SVP of consulting and products Charles Cessot said: “We are proud to be supporting the UK’s transition to a more sustainable future. Our involvement in the Viking CCS project will help reduce the UK’s carbon emissions and emphasises our commitment to sustainable energy solutions.
“We are excited to collaborate with Harbour Energy and contribute our expertise in FEED services to this initiative.”
Viking CCS JV manager for bp Jim Todd said: “After three years in development, the Viking CCS project is now entering the FEED phase.
“This is a significant step in the journey of any project, and we are excited to welcome Technip Energies as the FEED contractor, paving the way for large-scale CCS in the South Humber and North Lincolnshire region.”